Stablecoin
Hong Kong to Release Stablecoin Consultation Results: What to Expect
Hong Kong's Treasury Bureau will soon release a summary of the stablecoin regulatory consultation. Proposed regulations include reserve management, stabilization mechanisms, and governance requirements. In…
Tether Freezes $29.62M USDT Addresses Linked to Cambodian Huione Group
Tether froze a TRON wallet containing $29.62 million USDT. The frozen address is part of Cambodian Huione Group's guarantee business. Huione Group activated the new…
Hong Kong Authorities Nab Kidnappers Demanding Ransom in Crypto
Hong Kong authorities are gaining experience in handling crypto-related crimes. Authorities thwarted an attempt to kidnap a boy from a plaza in Hong Kong. Stablecoins…
Bankrupt FTX Sends Millions in Stablecoins to Market Makers: Liquidity Play or Arbitrage?
FTX transferred 105K USDC tokens to Wintermute via the Polygon network. Alameda Research transferred 2.3 million DAI to Wintermute via Avalanche. 47K DAI were sent…
Russia’s Stablecoin Gambit: What It Means for the Future of Global Finance and Crypto
Russia is considering legalizing stablecoins to circumvent Western sanctions, enhancing trade flexibility. The adoption of stablecoins could simplify international transactions, benefiting Russian enterprises. Shift towards…
Binance Champions MiCA-Compliant USDC in European Crypto Market
Circle’s USDC became the first major regulated stablecoin in the European Economic Area (EEA). Binance CEO Richard Teng announces the exchange’s support for USDC. Jeremy…
Latin American Crypto Markets Favor Stablecoins Over Bitcoin, Kaiko Research Reveals
Kaiko discovered stablecoins have overtaken Bitcoin in Latin America. Stablecoins make up 63% of crypto volumes across Latam’s top exchanges. The stablecoin surge in Latin…
Investor Anthony Pompliano Proposes Stablecoins as Solution to U.S. Debt Crisis
Anthony Pompliano thinks turning to stablecoins could help the U.S. solve its debt crisis. The U.S. debt is not only getting bigger but is doing…
Analyst Predicts a Stablecoin Explosion Following the MiCA Stablecoin Framework
MartyParty forecasts an upcoming stablecoin rally following the implementation of the MiCA stablecoin laws. According to MartyParty, the EU banks, institutions, and stablecoin issuers would…
Pundit Sees Ripple Emerging as Unicorn Company Just Like Amazon, Apple, Facebook
The AllinCrypto host predicts Ripple's rise to unicorn status, similar to tech giants like Amazon and Apple. Ripple aims to compete in the projected $2.8T…
